Posted inChina, European Union, Hong Kong, Middle East, World

China’s WH Group to buy Romanian meat producers in Europe push

The world’s largest pork supplier WH Group Ltd said on Tuesday its Smithfield Foods Inc unit would buy two packaged meats manufacturers in Romania, further expanding the Chinese group’s operations in Europe. US-based Smithfield has agreed to buy a 100% stake in Elit SRL and Vericom SRL for an undisclosed sum, the Chinese pork producer […]

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